Company News

Indian Bank sees ₹4,000-6,000 crore ECL impact, plans QIP in Q3 FY27

Indian Bank plans a qualified institutional placement in Q3 FY27 to absorb the impact of RBI's expected credit loss framework coming into effect from April 2027

Adani files caveat in SC amid likely Vedanta appeal in JAL insolvency case

Adani Enterprises has moved the Supreme Court with a caveat after NCLAT upheld its resolution plan for Jaiprakash Associates and dismissed Vedanta's objections

Epic bets on technical textiles with $150 million Odisha investment

Epic Group plans to invest $150 million in Odisha to build a technical textiles ecosystem focused on synthetic and performance fabrics for export markets

Samsung bets on experiential retail, AI to deepen enterprise play in India

Samsung India is expanding its enterprise strategy through integrated ecosystems, AI-led solutions and experiential retail centres targeting businesses across sectors

Mahindra Lifespaces launches Rs 1,650-crore premium Mumbai project

Mahindra Lifespace Developers has launched Mahindra BeaconHill, an ultra-premium residential tower in Mumbai's Mahalaxmi with a GDV of Rs 1,650 crore

JSW Steel awards mega metals contract to L&T for expansion projects

Larsen & Toubro has secured a mega metals sector order from JSW Steel for expansion projects in Karnataka and Odisha as the steelmaker scales capacity

PhonePe launches AI tool to speed up merchant payment integrations

Walmart-owned PhonePe says its AI-powered integration layer can reduce merchant onboarding timelines from weeks to minutes, especially for small businesses

Alpha Corp to invest ₹750 cr in EIL's stressed assets after SC nod

Alpha Corp to revive EIL's stalled projects with ₹750 crore investment after Supreme Court clears resolution plans, offering relief to over 3,000 buyers

M&M strengthens supply-chain resilience as geopolitical risks persist

Mahindra & Mahindra is strengthening localisation, multi-sourcing and platform flexibility to counter geopolitical disruptions and secure growth in its auto business

Bondada Engineering eyes ₹10,000 cr investment for 25 GW RE, data centres

Bondada Engineering plans Rs 10,000 crore investment to build 25 GW renewable capacity and expand into data centres and defence manufacturing by 2030

Amazon opens its supply chain to all: Can Indian logistics firms keep up?

Amazon has opened its logistics network to all businesses, intensifying competition for global and Indian delivery firms and raising questions on pricing, margins, and scale

Hyundai reiterates commitment to India as it marks 30 years of operations

Established on May 6, 1996, the company's arm Hyundai Motor India Ltd (HMIL) has invested ₹40,700 crore since its inception

2W industry to grow high single digits despite West Asia crisis: Hero

About 21.71 mn two-wheelers were sold in India in FY26, recording a 10.7% year-on-year growth, primarily driven by the GST rate cuts implemented in September 2025

Godrej Enterprises' commercial aviation biz eyes 15-20% growth till FY32

The company is developing in-house design platforms for key components as it shifts from a build-to-print model to a design-led player higher up the value chain

SP Group unit receives debt downgrade ahead of $3 billion refinancing

The ‌real estate and civil engineering firm's non-convertible debentures were downgraded to B+, from BB-, CareEdge said on Wednesday

L&T secures mega JSW Steel order for capacity expansion in Ballari, Paradip

L&T has secured its largest domestic metals-sector order from JSW Steel to build critical facilities as the steelmaker expands capacity in Ballari and Paradip

Sun Pharma weighs multiple funding options for $12 billion Organon deal

The Indian drugmaker is considering seeking consent from Organon bondholders to swap their holdings into Sun Pharma debt

Zee sues Nykaa over alleged use of copyright songs on Instagram reels

Zee Entertainment said Nykaa had used several of its copyrighted songs in reels to promote products to millions of followers

Temperatures on the rise, online platforms offer relief to gig workers

E-commerce and food delivery firms step up cooling infrastructure, insurance cover and welfare measures for gig workers as rising temperatures and heatwave warnings intensify across India

Bombay HC quashes Lilavati Trust bribery case against HDFC Bank CEO

The court, while quashing the FIR, said continuance of the same would be nothing but an "abuse of the process of court" and that the same was not a bona fide complaint